Soaring Price Of College Textbooks

January 21, 2016

Soaring Price Of College Textbooks

Soaring Price Of College Textbooks

Textbook prices in the United States have risen three times the rate of inflation from January 1977 to June 2015, a 1,041 percent increase, data from the Bureau of Labor Statistics (BLS) show. The soaring prices of textbooks could be attributed to textbook publishers who market to professors instead of students who purchase their goods. Moreover, students are captive customers as they are forced to buy whatever is assigned to them.

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